Modern portfolio theory and corporate finance. Topics: present value and discounting, interest rates and yield to maturity, various financial instruments including financial futures, mutual funds, the efficient market theory, basic asset pricing theory, the capital asset pricing model, and models for pricing options and other contingent claims. Use of derivatives for hedging.
- Grading Basis: Letter Grade or Credit/No Credit
- Enrollment Instructions: A permission number is required to enroll in this course. Visiting students who have taken courses at another academic institution that are equivalent to the listed prerequisite(s) must submit the Prerequisite Form to the Economics Department in order to register for this class.
- Intensive Studies: This course is offered as part of the International Management Intensive. See the Intensive Studies page for more information on how to receive an official Document of Completion.
ECON 51 and ECON 102A